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SOLD STC

The Chare, Newcastle upon Tyne, Tyne and Wear, NE1

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Attention Investors!
  • Top Floor Apartment
  • Two Double Bedrooms
  • Tenanted until September 2025
  • £11,964pa Rental Income
  • Allocated Parking Space
  • Large Open Plan Lounge/Kitchen
  • Central Location
  • Council Tax C
  • EPC Rating C

Description

Everbest Properties are delighted to present this exceptional investment opportunity in the heart of Newcastle City Centre. With a tenant in situ until September 2025, this property offers a gross rental return of 7.7%, making it an attractive proposition for investors.

The apartment is ideally located just moments from the RVI Hospital, Medical School, St. James' Park Stadium, and Newcastle University. It is also within walking distance of Eldon Square Shopping Centre, Northumbria University, and Newcastle Central Station, offering unparalleled convenience and accessibility.

Situated on the top floor, the property benefits from both stair and lift access. The interior boasts two generously sized double bedrooms, a spacious and contemporary open-plan lounge, kitchen, and dining area filled with natural light, and a stylish bathroom featuring both a bathtub and a separate shower cubicle.

Externally, the property includes an allocated parking space and access to a communal garden for residents to enjoy. This is a fantastic opportunity to acquire a high-performing investment property in a prime city-centre location.


Leasehold - 86 Years Remaining 

Service Charge - £3,322pa

Ground Rent - £50pa


COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Chare, Newcastle upon Tyne, Tyne and Wear, NE1

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About Everbest Properties, Newcastle

95 Percy Street, Newcastle Upon Tyne, NE1 7RW
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Everbest Properties bring a fresh approach to Estate Agency in North East area. Say hello to fantastic service and happy, motivated people! Our aim is to provide the highest standard of service to all clients, combining the benefits of modern technology with old fashioned personal attention to detail. We are unique in our ability to offer ‘on the spot’ advice from a team of local experts. We genuinely care about the world of property. Whatever your property needs, we can help you to find the right house to create your perfect home or find a buyer for your current home, or a property for investment. Word of mouth is still the best way of advertising and gaining new and repeat business. Our strengths are our people – our sales and lettings staff, who are trained, experienced and trusted, will offer you a personal service.

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Disclaimer - Property reference 10604227. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Everbest Properties, Newcastle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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